Expat Community > Ukraine

MichaelTryn
Joined 2014
Posts: 308

U.S. debt

8 years ago

I am just reporting the facts with this clip of today. CNBC.
http://finance.yahoo.com/video/trump-ad This guy running a "Euro Pacific Capital", comes out and says
"The U.S. without question can not repay the debt is has, and WILL DEFAULT." Anyone holding U.S. bonds or notes will have to take a haircut. Doesn't this sound like Ukraine, or Puerto Rico today. Here is just one of the posts!
Andrew 2 hours ago 1 9
The problem I have with Schiff, is that he is 100% right. But his scenario will only come to pass WHEN America Defaults. And yes I agree, the US will eventually be forced to. But we wont until 100% forced to default. And that could be thirty years from now. We will pull every trick in the book to keep it at bay. Including who knows what.... We will NEVER voluntarily do the right thing. It isn't until every single POSSIBLE option has been used up and tried and tried again that we will finally be FORCED to default. And who knows when that will be. How about some honest feedback here? I am not moving everything into gold & silver, but Ron Paul's words are coming.

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Expat Community > Ukraine

U.S. debt

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